Month: August 2019

Mineral de hierro se hunde al cierre más bajo desde fin de enero

“Ha habido un aumento en los envíos de mineral de hierro y una clara disminución de la restricción del suministro recientemente”, dijo Sarah Zhao, una analista de Huatai Futures Co. quien también destacó los precios más bajos del acero luego de una acumulación de inventarios de dos meses. “Tanto la demanda como la oferta están alimentando la recesión”.

Fortuna Reports Fatality at San Jose Mine

The accident involved a scooptram operating underground, and the individual fatally injured was the driver. There were no other injuries related to the accident.

Aura Announces Geological and Exploration Updates

Rodrigo Barbosa, President and CEO, stated, ”After important strategic moves with the sale of the Serrote project, the merger with Rio Novo, and the restart of our Aranzazu project, we also made strategic investments in exploration with positive results that we are pleased to announce.”

SSR Mining Announces Closing of SilverCrest Financing

SSR Mining Inc. announces that it has completed the previously announced transaction with SilverCrest Metals Inc. to purchase, on a private placement basis, 780,000 common shares of SilverCrest at a price of C$5.85 per common share for total consideration of C$4,563,000.

Goldgroup Provides Update in Respect of Majority Voting Policy

Goldgroup Mining Inc. announces that further to its Annual General Meeting of Shareholders of the Company held on July 31, 2019, directors Keith Piggott and Harry Burgess have not tendered their resignations as directors pursuant to the Company’s Majority Voting Policy, due to mitigating circumstances which have been communicated to the TSX.

Magna Gold Corp. Announces Completion of Acquisition of Las Marias Property

Magna Gold Corp. is pleased to announce that further to its press release on May 27, 2019, it has completed the acquisition of the Las Marias Property and Las Cabanas mineral claims. Las Marias Property consists of 7 mining concessions covering 646 hectares adjacent to the Mercedes Property and Las Cabanas consists of 2 claims covering 248 hectares located approximately 10 km south-west of the Mercedes Property in Sonora, Mexico. The total purchase price for the new mineral concessions and other rights was $250,000 and the issuance of 1,000,000 common shares of the Corporation.

Discovery Metals Grants Stock Options

Discovery Metals Corp. announces that it has granted to certain officers, directors, employees and/or consultants of the Company an aggregate of 5,300,000 options to acquire common shares of the Company.

SilverCrest Closes $25,308,855 Million Bought Deal Financing

SilverCrest Metals Inc. is pleased to announce the completion of its prospectus offering announced on July 23, 2019 whereby the Company issued a total of 4,326,300 common shares at a price of $5.85 per common share for gross proceeds of $25,308,855, including exercise of the over?allotment option in full. The Offering was led by National Bank Financial Inc. and Desjardins Capital Markets on behalf of a syndicate of underwriters that included Cormark Securities Inc., PI Financial Corp., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., Eight Capital, Beacon Securities Limited, Roth Capital Partners, LLC and Scotia Capital Inc. The Company paid the underwriters an aggregate cash commission of $1,252,942. The Company plans to use the net proceeds of the Offering for continued exploration and advancement of the Las Chispas Project to feasibility level and for working capital purposes.

Minera Alamos Announces Commencement of Phase 2 Drilling at Santana Gold Project

”Now that the federal project development permit approvals have been received we are excited to commence the drilling phase of our much anticipated 2019 Santana exploration program. The last year has allowed us to dramatically expand our geological understanding of the overall Santana project area and the new drill program should allow us to start to demonstrate its true potential.” stated Darren Koningen, CEO of Minera Alamos.

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